Quote Originally Posted by JamesWales View Post
In truth, you don't. Just like if a businesses turnover was £1m and the next year it was £999,000 its hardly bad news. The pursuit of endless growth is unrealistic, just as the formal definition of a recession is rather arbitrary and short term.

However, it is a really important measure because it makes all other economic aspirations more difficult to achieve.

It's bad as well as it's a 0.3% deduction, which is unlikely to be graded up.

Several other countries in recession too
Economies currently in recession

Denmark
Estonia
Finland
Japan
Luxembourg
Moldova
Peru
Ireland
United Kingdom